Shunwei Capital

Shunwei Capital is a Beijing-based venture capital firm founded in 2011 that focuses on early to mid-stage investments in the local internet industry and related technology sectors. It emphasizes incubation and growth capital for startups across information technology, internet services, high technology, new media, games, internet finance, and rural internet, with cross-border interest in opportunities between China and India. The firm targets investments in mobile internet, IoT, smart hardware, and other internet-enabled platforms to support scalable digital economy ventures. Its investor base includes sovereign wealth funds, fund of funds, university endowments, and family offices, reflecting a diverse backing for its venture activities.

Tian Cheng

Partner

Tian Cheng

Partner

Devin (Hang) Gao

Associate

Zhengnan Hu

Investment Partner

Tuck Lye Koh

Founding Partner and CEO

Jun Lei

Founding Partner and Chairman

Li Rui

Partner

Wei Li

Partner

Xinting Liu

Associate

Ma Yanxin

Vice President

Xing Meng

Investor / EIR

Yuke Tong

Associate

Ruofan Wang

Associate

Zhuoqun (Jack) XU

Analyst

Past deals in Industrial Automation

Wanxun Technology

Series A in 2024
Wanxun Technology is a robotic solutions company. They offer services for electric power, industrial parks, property parks, and petrochemical industries. They provide providing and operational service robotic solutions

XuanBian Technology

Series A in 2024
XuanBian Technology provides intelligent and automated products and solutions for life science smart laboratories. Their products are a cell line screening system, a fully automatic chemical synthesis system, a high throughput drug screening system, a high throughput ELISA workstation, and a microbiology workstation.

SAGE Intelligent

Series A in 2024
SAGE Intelligent is a composite robot manufacturer. SAGE's current products include a wide range of topics, from robot controllers and operating systems to applications for artificial intelligence and large data processing, cloud transmission and storage, application software, and entire machine products.

Zhice Technology

Seed Round in 2024
Zhice Technology is a high-tech corporation specializing in industrial big data and artificial intelligence. It is committed to developing a new generation of data intelligence platforms and offers industrial organizations data intelligence solutions that have been tested by real-world businesses.

Ant Workshop

Series C in 2023
Ant Works is an e-commerce platform integrating industrial automation products, the Internet, and supply chain services. It aims to build a new industrial product marketing method with "industrial cloud components + Internet + supply chain SAAS services" as the main body. An integrated platform for online and offline transactions, services, and support. It has the characteristics of high cost performance, authentic guarantee, fast shipping, free 3D download, and so on. Through diversified product categories and sufficient inventory, customers can efficiently search for and purchase suitable products.

Xinsu Technology

Seed Round in 2023
Xinsu Technology develops, designs, and sells industrial machine vision sensor devices. It is specialized in new energy battery and automobile manufacturing industries. It engaged in intellectual property rights of decoding and reading algorithms and has launched a series of industrial high-performance fixed code readers such as R275-A.

Gudou Technology

Venture Round in 2023
Gudou Technology conducts digital twinning and modelling of various influencing factors in the production and operation processes of the enterprise. They help enterprises realize intelligent optimization decisions in a series of scenarios such as sales, procurement, production, inspection, and warehousing.

Benewake

Series C in 2022
Benewake is a prominent manufacturer and developer of solid-state LiDAR sensors and solutions, specializing in technologies that advance autonomous driving and automation across various industries. The company offers a range of LiDAR products, including basic flash LiDAR and 3D LiDAR, which are now in mass production and carry appropriate certifications. These sensors are essential for applications such as collision avoidance in autonomous vehicles, logistics operations in drones, and smart home robotics. Benewake's innovative solutions also support simultaneous localization and mapping, enhancing safety and intelligence in driving systems. With a strong intellectual property portfolio, Benewake's LiDAR products have successfully penetrated global markets, including Europe, America, and Asia-Pacific, positioning the company as a leader in its field.

Zongwei Automation

Angel Round in 2022
Shanghai Zongwei Automation Co., Ltd. (ZONGWEI) is a research and development enterprise focusing on automation flexibility technology and solutions. The company has leading linear motion control core technology and experience, and independently developed key supporting equipment such as controllers, driver series and feedback systems dedicated to linear motion. High-performance products and super-optimal solutions have been widely used in semiconductors, new energy, high-end daily chemicals, 3C electronics and other fields, improving delivery efficiency and reducing production costs for many world-class industrial giants and listed company customers.

AkuSense

Series A in 2022
AkuSense is a high-tech enterprise specializing in the development and manufacturing of industrial-grade photoelectric sensor technology. The company provides sophisticated and intelligent quality sensing solutions tailored for various sectors, including 3C electronics, new energy, semiconductor processes, medical electronics, and service robotics. Its product offerings focus on applications requiring high precision and rapid data transmission, addressing needs in high-precision positioning, precise measurement, and obstacle avoidance safety solutions. By delivering advanced sensing technologies, AkuSense enables clients to enhance their industrial applications and improve operational efficiency.

Wanxun Technology

Seed Round in 2022
Wanxun Technology is a robotic solutions company. They offer services for electric power, industrial parks, property parks, and petrochemical industries. They provide providing and operational service robotic solutions

Unitree Robotics

Series B in 2022
Unitree Robotics, founded in 2016 and based in Hangzhou, China, specializes in the development of innovative robotic solutions tailored for consumer and industrial markets. The company's portfolio features a variety of robots, including Laikago, a four-legged robodog that serves as a research platform for scientists and roboticists. Unitree Robotics aims to advance robotic technology through its diverse range of products, which also includes humanoid robots and advanced perception systems designed for various applications.

Asymptote Technology

Angel Round in 2022
Asymptote Technology specializes in developing an advanced intelligent manufacturing software platform. This platform, designed for enterprises, employs digital twins and 3D simulation for architecture, and dynamic code compilation for support, enabling efficient multi-process management in smart factories.

FAIR

Series B in 2022
FAIR is a collaborative robot company that has research and development and manufacturing capabilities for robot core components and complete machine systems such as robot controllers, precision reducers, and servo systems.

Micro Creative

Series B in 2021
Micro Creative focuses on the development of millimeter-wave radar sensor chips and solutions for related application scenarios. The 80GHz millimeter-wave radar chip from Micro Creative has been mass-produced and sold in batches. The following industries use radar modules and products: industrial IoT, smart security, smart transportation, automotive electronics, and others. Micro Creative is dedicated to providing high-precision high-frequency measurement sensors and imaging modules, as well as investigating the application of high-frequency radar in industries, smart cities, smart homes, and other fields.

Ant Workshop

Series B in 2021
Ant Works is an e-commerce platform integrating industrial automation products, the Internet, and supply chain services. It aims to build a new industrial product marketing method with "industrial cloud components + Internet + supply chain SAAS services" as the main body. An integrated platform for online and offline transactions, services, and support. It has the characteristics of high cost performance, authentic guarantee, fast shipping, free 3D download, and so on. Through diversified product categories and sufficient inventory, customers can efficiently search for and purchase suitable products.

Rock-AI

Seed Round in 2021
Rock-AI is a provider of unmanned vehicle solutions specializing in smart mining operations. The company develops autonomous driving technology and control systems designed to enhance operational efficiency and safety in the mining sector. By focusing on autonomous vehicle systems, Rock-AI aims to reduce risks and costs for mining companies, while also extending its technology applications to the military and agriculture industries. Through its innovations, Rock-AI seeks to transform traditional mining practices and promote safer, more efficient operations.

XuanBian Technology

Seed Round in 2021
XuanBian Technology provides intelligent and automated products and solutions for life science smart laboratories. Their products are a cell line screening system, a fully automatic chemical synthesis system, a high throughput drug screening system, a high throughput ELISA workstation, and a microbiology workstation.

VisionNav Robotics

Series C in 2021
VisionNav Robotics Limited is a Shenzhen-based company founded in 2015 that specializes in designing and manufacturing autonomous industrial vehicles and intralogistics automation solutions. Utilizing advanced technologies such as artificial intelligence, environmental perception, and deep learning, VisionNav has developed a range of products, including vision navigation unmanned forklifts and tractor trucks. The company caters to various sectors, including e-commerce logistics, aviation logistics, and third-party logistics, aiming to enhance efficiency in global logistics operations. With innovations like high-density material storage and automated truck loading, VisionNav has successfully implemented its solutions across more than 50 projects in diverse industries, including automotive, food, and pharmaceuticals.

QYSEA

Series B in 2021
Qysea specializes in the development of underwater robots and drones aimed at enhancing ocean exploration. The company creates unmanned underwater vehicles (UUVs) and related technologies designed for both recreational and industrial use, catering to film and sports enthusiasts as well as professionals. By utilizing innovative technology, Qysea aims to improve public understanding of the underwater world and its ecosystems. Additionally, the company is committed to building a marine content social platform that leverages virtual reality, live video, and interactive community features, allowing users to share their underwater experiences. With a focus on advancing key technologies and maintaining proprietary algorithms, Qysea supports the exploration and protection of ocean environments, ultimately inspiring a broader appreciation for the beauty and importance of marine life.

XinHeYun

Series C in 2021
New Nuclear Cloud is an industrially intelligent software service company that combines data and processes to realize the needs of manufacturing enterprises and configure services. They provide container technologies and services to meet the various needs of enterprises for data deployment.

Unitree Robotics

Series A in 2021
Unitree Robotics, founded in 2016 and based in Hangzhou, China, specializes in the development of innovative robotic solutions tailored for consumer and industrial markets. The company's portfolio features a variety of robots, including Laikago, a four-legged robodog that serves as a research platform for scientists and roboticists. Unitree Robotics aims to advance robotic technology through its diverse range of products, which also includes humanoid robots and advanced perception systems designed for various applications.

FAIR

Series A in 2021
FAIR is a collaborative robot company that has research and development and manufacturing capabilities for robot core components and complete machine systems such as robot controllers, precision reducers, and servo systems.

API7.ai

Series A in 2021
API7.ai is an open-source infrastructure company that empowers API management and analysis. It provides a wide range of products and solutions for microservices and real-time traffic processing, such as API Gateway, Kubernetes Ingress Controller and Service Mesh. API7.ai is committed to helping businesses drive digital transformation, enabling businesses to manage and visualize enterprise-critical traffic, to accelerate business decisions through big data and artificial intelligence. APISIX, a top-level project donated by API7.ai to the Apache Software Foundation, is the next generation of cloud-native API gateways that provide rich traffic management functions such as load balancing, dynamic upstream, canary release, circuit breaking, authentication and authorization, and observability. Built on Apache APISIX, the enterprise-level product API7 provides more advanced capabilities to meet the core requirements of enterprise users: multi-cluster, multi-tenant, permission configuration, version management, auditing, statistical reports, etc. APISIX and API7 are widely used by 100+ companies across the internet, financial, blockchain, manufacturing, retail and IoT industries. API7.ai has attracted global talents from 5 countries and 18 cities, many of whom are Apache Software Foundation members, OpenResty / Nginx core maintainers, Kubernetes members and industry experts in cloud infrastructure and security. The company is currently in Series A+ backed by Matrix Partners, Shunwei Capital, ZhenFund and ZhenCheng Capital.

RAKwireless Technology

Series A in 2021
RAKwireless Technology is a leading provider of connectivity solutions focused on the Internet of Things (IoT), Smart City, and Smart Agriculture sectors. The company specializes in developing modular edge devices and IoT middleware that facilitate seamless connectivity across various applications, ranging from water and gas meters to smart street lighting and environmental monitoring systems. By leveraging Low Power Wide Area (LPWA) technologies, RAKwireless addresses the challenges of energy efficiency and scalability in IoT deployments. Its diverse catalog includes gateways, kits, modules, sensors, and accessories, designed to help organizations and individuals easily build and maintain high-performance and cost-effective IoT solutions. RAKwireless is dedicated to simplifying IoT integration through its innovative modular components and user-friendly software interface, promoting a philosophy of "IoT Made Easy" to ensure that its offerings are both developer-tested and enterprise-ready.

API7.ai

Series A in 2021
API7.ai is an open-source infrastructure company that empowers API management and analysis. It provides a wide range of products and solutions for microservices and real-time traffic processing, such as API Gateway, Kubernetes Ingress Controller and Service Mesh. API7.ai is committed to helping businesses drive digital transformation, enabling businesses to manage and visualize enterprise-critical traffic, to accelerate business decisions through big data and artificial intelligence. APISIX, a top-level project donated by API7.ai to the Apache Software Foundation, is the next generation of cloud-native API gateways that provide rich traffic management functions such as load balancing, dynamic upstream, canary release, circuit breaking, authentication and authorization, and observability. Built on Apache APISIX, the enterprise-level product API7 provides more advanced capabilities to meet the core requirements of enterprise users: multi-cluster, multi-tenant, permission configuration, version management, auditing, statistical reports, etc. APISIX and API7 are widely used by 100+ companies across the internet, financial, blockchain, manufacturing, retail and IoT industries. API7.ai has attracted global talents from 5 countries and 18 cities, many of whom are Apache Software Foundation members, OpenResty / Nginx core maintainers, Kubernetes members and industry experts in cloud infrastructure and security. The company is currently in Series A+ backed by Matrix Partners, Shunwei Capital, ZhenFund and ZhenCheng Capital.

Poi-Tech

Series A in 2021
Poi-Tech is an industrial Internet company that specializes in enhancing innovation and competitiveness for advanced sectors such as paper, ceramics, cement, glass, and food. The company focuses on independent innovation driven by fundamental research, leveraging extensive experience in process manufacturing and modeling to continuously advance industry standards. Poi-Tech has established itself as a reliable partner for the digital transformation of numerous large-scale process manufacturing enterprises in China, offering an intelligent information platform that utilizes Internet of Things (IoT), cloud computing, and big data technologies. Through its data analysis and application services, the company enables clients to improve production efficiency and reduce operational costs, thereby fostering a more competitive manufacturing landscape.

Unitree Robotics

Series A in 2021
Unitree Robotics, founded in 2016 and based in Hangzhou, China, specializes in the development of innovative robotic solutions tailored for consumer and industrial markets. The company's portfolio features a variety of robots, including Laikago, a four-legged robodog that serves as a research platform for scientists and roboticists. Unitree Robotics aims to advance robotic technology through its diverse range of products, which also includes humanoid robots and advanced perception systems designed for various applications.

AECS Automotive Electronics

Series B in 2019
AECS Automotive Electronics, based in the Science and Technology Park of Tsinghua University, focuses on the development, production, and sales of automotive electronic control systems. As an industrialization promotion unit of Tsinghua University's Automotive Power System Energy Conservation Research Center, the company leverages strong academic and financial support to drive innovation in energy-saving technologies. AECS specializes in designing and manufacturing electronic control units (ECUs) for vehicles, allowing manufacturers to utilize high-quality, domestically produced electronic components in their production processes. The company's initiatives primarily target industrial enterprises, emphasizing the advancement and industrialization of automotive electronic products.

Yesmro

Series A in 2019
Yesmro, also known as Yimai Gongpin, is a retailer focused on providing small-business automation parts and industrial supplies. The company operates an e-commerce platform that caters to small- to medium-sized enterprises by offering a wide range of products, including electrical accessories, wires and cables, and industrial control components. Yesmro aims to make the procurement of industrial goods easier and more affordable for small businesses by leveraging technology and data-driven solutions. This commitment enables a broad spectrum of enterprises engaged in technological development to access essential industrial products conveniently and at a lower cost.

Benewake

Series B in 2019
Benewake is a prominent manufacturer and developer of solid-state LiDAR sensors and solutions, specializing in technologies that advance autonomous driving and automation across various industries. The company offers a range of LiDAR products, including basic flash LiDAR and 3D LiDAR, which are now in mass production and carry appropriate certifications. These sensors are essential for applications such as collision avoidance in autonomous vehicles, logistics operations in drones, and smart home robotics. Benewake's innovative solutions also support simultaneous localization and mapping, enhancing safety and intelligence in driving systems. With a strong intellectual property portfolio, Benewake's LiDAR products have successfully penetrated global markets, including Europe, America, and Asia-Pacific, positioning the company as a leader in its field.

Light Theto

Series B in 2019
Light Theto Beijing Science and Technology Development Co specializes in the research, development, manufacture, and supply of diffraction optics and micro-nano optical solutions. Based in Beijing, China, the company focuses on providing complete optical solutions for various applications, including three-dimensional sensing in LED and laser lighting, vehicle systems, security monitoring, human-computer interaction, and industrial automation. Light Theto boasts a top-tier research and development team and has established mature production technology. The company has developed proprietary diffractive optical design software and utilizes advanced nanometer manufacturing techniques. Its efficient mass production processes enable the company to produce high-quality diffractive optical elements at scale, positioning it as a leader in the industry.

Huiling Technology (Hitbot)

Series A in 2018
Huiling Technology is a leading provider of lightweight cooperative robotic arms and electric grippers in the robotics field.

Rokae

Series B in 2018
Rokae specializes in the research, development, production, and application of industrial robots. It offers high-performance robots and intelligent manufacturing solutions to various industries such as computing, communications, consumer electronics, textiles, food processing, healthcare, and automotive manufacturing.

Govion Technology

Series A in 2018
Govion Technology is a national high-tech enterprise specializing in industrial AI intelligent machine vision application system research and development. It is a market-leading supplier of commercial display modules (OLEDMINILEDMICRO-LEDLCD, etc.), Lithium batteries and new energy process equipment, semiconductor, and other fields of fully automated AOI inspection and industrial machine vision application systems, and standardized development platform.

iDriverPlus

Series B in 2018
IDRIVERPLUS, established in 2015, is a Chinese company specializing in the development of autonomous driving systems and vehicles. It stands out as one of the few domestic firms offering multi-functional solutions for self-driving technology. The company's expertise spans various fields, including original equipment manufacturing, electronics, artificial intelligence, and production processes. With a cumulative test mileage exceeding 400,000 kilometers, IDRIVERPLUS has been a pioneer in the mass production and commercialization of autonomous vehicles. Its product offerings focus on three primary sectors: logistics and distribution, unmanned street cleaning, and commercial autonomous vehicles. The logistics vehicles employ advanced environmental recognition, path planning, and control algorithms to facilitate intelligent navigation, while the street cleaning solutions utilize innovative algorithms for unmanned operation. Through these initiatives, IDRIVERPLUS aims to drive advancements in automatic driving technology across the logistics and automotive industries.

Nongtian Guanjia

Series A in 2018
Beijing Nongtian Guanjia Technology Co., Ltd. is an agricultural technology company based in Beijing, China, founded in 2016. The company operates a platform focused on fly-proof plant protection, utilizing unmanned aerial vehicles (UAVs) for pesticide spraying. It provides services that include risk protection and brand market support for farmers, enabling them to access agricultural technology easily through a single online click. The platform has successfully deployed over 3,000 fly-defense organizations and nearly 10,000 UAVs across multiple provinces in China, enhancing agricultural production efficiency and addressing labor shortages. Nongtian Guanjia's cloud-based management system leverages artificial intelligence to gather planting data, promoting standardization within the industry and contributing to the informatization of agricultural production. The company aims to extend its services across the entire agricultural supply chain, from planting to harvesting, ultimately improving the livelihoods of farmers by making agricultural practices more manageable and efficient.

Light Theto

Series A in 2017
Light Theto Beijing Science and Technology Development Co specializes in the research, development, manufacture, and supply of diffraction optics and micro-nano optical solutions. Based in Beijing, China, the company focuses on providing complete optical solutions for various applications, including three-dimensional sensing in LED and laser lighting, vehicle systems, security monitoring, human-computer interaction, and industrial automation. Light Theto boasts a top-tier research and development team and has established mature production technology. The company has developed proprietary diffractive optical design software and utilizes advanced nanometer manufacturing techniques. Its efficient mass production processes enable the company to produce high-quality diffractive optical elements at scale, positioning it as a leader in the industry.

PURVAR

Series A in 2017
PURVAR cultivates technologies such as cloud computing, big data, and artificial intelligence, and actively cultivates smart manufacturing, smart supply chain, smart education, smart government, packaging typesetting, intelligent customer service, intelligent equipment maintenance, knowledge creation, and other industries.

Nongtian Guanjia

Series A in 2017
Beijing Nongtian Guanjia Technology Co., Ltd. is an agricultural technology company based in Beijing, China, founded in 2016. The company operates a platform focused on fly-proof plant protection, utilizing unmanned aerial vehicles (UAVs) for pesticide spraying. It provides services that include risk protection and brand market support for farmers, enabling them to access agricultural technology easily through a single online click. The platform has successfully deployed over 3,000 fly-defense organizations and nearly 10,000 UAVs across multiple provinces in China, enhancing agricultural production efficiency and addressing labor shortages. Nongtian Guanjia's cloud-based management system leverages artificial intelligence to gather planting data, promoting standardization within the industry and contributing to the informatization of agricultural production. The company aims to extend its services across the entire agricultural supply chain, from planting to harvesting, ultimately improving the livelihoods of farmers by making agricultural practices more manageable and efficient.

Sublue Ocean Science & Technology

Series A in 2017
Tianjin Sublue Ocean Science & Technology Co., Ltd, established in 2013, specializes in designing and manufacturing underwater robots. Its product portfolio includes remotely operated underwater vehicles (ROVs) like Dolphin and White Shark, and autonomous underwater vehicles (AUVs) such as Orange Shark, used for military, civilian, and research applications. Additionally, the company offers autonomous underwater gliders (AUGs) like Sea Wing Glider for mobile underwater observation. Sublue's products serve diverse purposes, including underwater salvage rescue, aquaculture, bridge and dam detection, research, and security monitoring. The company is based in Tianjin, China, and aims to lead the underwater robot industry while contributing to national security and ocean resource development.

Nongtian Guanjia

Seed Round in 2016
Beijing Nongtian Guanjia Technology Co., Ltd. is an agricultural technology company based in Beijing, China, founded in 2016. The company operates a platform focused on fly-proof plant protection, utilizing unmanned aerial vehicles (UAVs) for pesticide spraying. It provides services that include risk protection and brand market support for farmers, enabling them to access agricultural technology easily through a single online click. The platform has successfully deployed over 3,000 fly-defense organizations and nearly 10,000 UAVs across multiple provinces in China, enhancing agricultural production efficiency and addressing labor shortages. Nongtian Guanjia's cloud-based management system leverages artificial intelligence to gather planting data, promoting standardization within the industry and contributing to the informatization of agricultural production. The company aims to extend its services across the entire agricultural supply chain, from planting to harvesting, ultimately improving the livelihoods of farmers by making agricultural practices more manageable and efficient.

Nongtian Guanjia

Angel Round in 2016
Beijing Nongtian Guanjia Technology Co., Ltd. is an agricultural technology company based in Beijing, China, founded in 2016. The company operates a platform focused on fly-proof plant protection, utilizing unmanned aerial vehicles (UAVs) for pesticide spraying. It provides services that include risk protection and brand market support for farmers, enabling them to access agricultural technology easily through a single online click. The platform has successfully deployed over 3,000 fly-defense organizations and nearly 10,000 UAVs across multiple provinces in China, enhancing agricultural production efficiency and addressing labor shortages. Nongtian Guanjia's cloud-based management system leverages artificial intelligence to gather planting data, promoting standardization within the industry and contributing to the informatization of agricultural production. The company aims to extend its services across the entire agricultural supply chain, from planting to harvesting, ultimately improving the livelihoods of farmers by making agricultural practices more manageable and efficient.

Aqara

Series A in 2014
Aqara is a prominent smart home brand that specializes in developing innovative smart home appliances and IoT solutions for both consumers and industrial applications. The company focuses on enhancing daily life by simplifying routine tasks through a diverse range of high-quality, cost-effective products. Aqara's offerings are distinguished by their elegant industrial design and the integration of advanced AI and data analysis systems, allowing for customization to meet individual lifestyle needs. As a result, Aqara has gained a reputation for reliability and efficiency in the smart home market.
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